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AACSB is  world’s oldest business accreditation organization set up in 1916. AACSB provides quality assurance, business education intelligence and professional development services to over 1,850 member organizations and   965 accredited business schools across 60 countries and territories. AACSB's accreditation processes are ISO 9001:2015 certified.

AACSB makes significant changes to  2020 standards! 

AACSB has updated its   Business Accreditation Standards and Interpretive Guidance on July 1, 2024. The summary of th changes  are appended in this document! Complete details of the 2020 standarrds  available in this link  

SEAA Trust, New Delhi had the previlege of visiting the AACSB HQ at the picturescue port city of Tampa, Florida early July 2024. The second time around a greeting  was extended formally at the entry desk! The discussions was  with Vice President Accreditation of AACSB, Suzanne Mintz   

AACSB & Social Impact

Aligning With the AACSB 2020 Business Accreditation Standards

A  February 2023 White Paper 

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AACSB is committed to sustainable future of the world and as such in the current year's annual conference the  agency is going to focus on creating a sustainable future for business education that requires the cultivation of meaningful relationships with business partners and communities, built on trust and action.

The conference being held in New Orleans Lousiana  on April 24 to 2 will have almsot 40 hours focused discussions on the aspects related to sustainable future of industry and economy.  

AACSB  as the oldest and longest serving global accreditation agency strives to continuously improve engagement among business, faculty, institutions, and learners, so that business education is aligned with business practice.  As the longest-serving and largest business education network, AACSB connects lifelong learners, educators, and businesses worldwide. 

 

AACSB  revised its standards  11 times  in its  over a century of existence the most recent of which in 2020 when the standards were revised to explore the content and nature of the standards, then explore ways to improve the processes and attitudes around the peer review visits along with a stronger  volunteers training system.

​​The new standards are divided into three strategic goals "Strategic Management (3 standards) Learners success (four standards) and Thought Leadership (2 standards) as opposed to the current four categories Strategic Management, Participants, Teaching and Learning and Academic and Professional Engagement. The new standards enabled AACSB to  move toward principles-based and outcomes-focused standards. They call business schools to specifically identify how they envisage making a positive societal impact. They embrace alternative instructional delivery models. They promote the importance of collaborations within and between disciplines and institutions.

THE TRANSITION SCHEDULE 

The transition period for adopting the 2020 business accreditation standards will take place between January 2021 and June 2023. The initial pilot will occur in the 2020-21 academic year, with a small number of schools with visits scheduled between January and June 2021 reviewed under the 2020 business standards. The pilot schools have been identified and all other schools outside the pilot group will be reviewed under the 2013 standards.
Schools with peer review team visits scheduled between July 1, 2021 and June 30, 2023, can choose to be reviewed under either the 2013 or 2020 business standards. Schools should communicate their preference to their AACSB accreditation staff liaison.
Beginning July 1, 2023, all schools will be reviewed under the 2020 standards during their next scheduled visit. 

Vision:    To transform business    education for global prosperity.

Mission: International is to foster engagement, accelerate innovation, and amplify impact in business education

Indian Accredited Schools 

AACSB ACCREDITATION 
An AACSB International member institution offering undergraduate and/or graduate degrees in business may voluntarily apply for AACSB Business Accreditation. The AACSB Accreditation Process includes rigorous self-evaluation and peer-review elements. The process begins with the submission and approval of an Eligibility Application. Once a school’s Eligibility Application has been approved, it will enter the Initial Accreditation phase. If a school is able to meet all of AACSB’s Accreditation Standards and completes the requirements, it will be recommended for Accreditation. All AACSB-accredited institutions must enter the Continuous Improvement Review process every five years.

  1. Amrita University School of Business Coimbatore

  2. BIMTECH Institute of Management, Greater Noida, Delhi NCR 

  3. Great Lakes Institute of Management, Chennai 

  4. Jagdish Sheth School of Management (formerly IFIM)  Bangalore

  5. Indian Institute of Management Calcutta

  6. Indian Institute of Management Udaipur

  7. Indian School of Business Hyderabad**

  8. Institute of Management Technology Ghaziabad

  9. S.P. Jain Institute of Management and Research Mumbai

  10. School of Business Management, NMIMS University Mumbai

  11. T. A. Pai Management Institute Manipal

  12. XLRI Jamshedpur- Jharkhand

  13. Indian Institute of Management (IIM) Indore

  14. ICFAI Business School Hyderabad

  15. Indian Institute of Management Lucknow 

  16. SCMHRD-Symbiosis International University Pune

  17. Rajagiri Business School , Cochin 

  18. Indian Institute of Foreign Trade (IIFT), Delhi

  19. Management Development Institute (MDI) Gurgaon 

  20. International Management Institute IMI, Delhi    

  21. K J Somaiya Institute of Management   

  22. VIT Vellore                                                         ** Re-accredited

  1. Alliance University  Bangalore  

  2. Amity Business School Gurgaon 

  3. Amrita University School of Business, Coimbatore 

  4. Amrut Mody School of Management Ahmedabad

  5. Athena School of Management Mumbai

  6. BIMTECH  Greater Noida 

  7. BML Munjal University  Gurgaon

  8. Bharathidasan Institute of Management BIM Trichy

  9. BITS Pilani 

  10. Chitkara University Rajpura

  11. Dr Vishwanath Karad MIT World Peace University Pune

  12. D Y Patil School of Management 

  13. Christ University Business School, Bangalore

  14. Fortune Institute of International Business (FIIB), Delhi

  15. FORE  school of Management New Delhi

  16. GITAM School of International Business - AP

  17. Globsyn Business School West Bengal

  18. GLA University Mathura 

  19. Goa Institute of Management  Goa

  20. Great Lakes Gurgaon 

  21. ICFAI Business School IBS  Hyderabad

  22. IILM Graduate School of Management Greater Noida

  23. Indian Institute of Foreign Trade  Delhi

  24. Indian Institute of Management Ahmedabad  

  25. Indian Institute of Management Amritsar

  26. Indian institute of management Bodh Gaya

  27. Indian institute of management Jammu

  28. Indian Institute of Management Calcutta  

  29. Indian Institute of Management Indore *

  30. Indian Institute of Management Kashipur 

  31. Indian Institute of Management Lucknow 

  32. Indian Institute of Management Raipur

  33. Indian Institute of Management Ranchi 

  34. Indian Institute of Management Udaipur *

  35. Indian Institute of Management Kozhikode

  36. Indian Institute of Management  Nagpur

  37. Indian Institute of Management Sambalpur

  38. Indian Institute of Management Shillong 

  39. Indian Institute of Management Sirmaur

  40. Indian Institute of Management Vishakapatnam

  41. Indian Institute of Plantation Management Bangalore 

  42. Indian Institute of Technology Delhi

  43. Indian Institute of Technology Kharagpur 

  44. Indian Institute of Technology Roorkee 

  45. Indian Institute of Technology Madras

  46. Indian School of Business ISB  Hyderabad

  47. IMT Ghaziabad

  48. IMT Nagpur  

  49. IMT Hyderabad 

  50. Institute of Engineering and Management West Bengal

  51. Institute of Public Enterprise IPE  Hyderabad

  52. International Management Institute IMI, Delhi

  53. Jaipuria Institute of Management Jaipur

  54. Jagan Institute of Management Delhi

  55. Jagdish Sheth School of Management Bangalore*

  56. Justice Hegde Institute of Management NITTE Udupi

  57. K J Somaiya Institute of Management  Mumbai*

  58. Krupanidhi Group of Institutions Karnataka

  59. Lal Bahadur Shastri Institute of Management, Delhi 

  60. LM Thapar School of Management Mohali

  61. Loyola Institute of Business Administration Chennai

  62. MICA Ahmedabad 

  63. Management Development Institute MDI Gurgaon

  64. Mody University of science and Technology Sikar 

  65. New Delhi Institute of Management (NDIM) 

  66. N. L. Dalmia Institute of Management Mumbai 

  67. National Institute of Industrial Engineering Mumbai 

  68. O.P. Jindal Global University  Sonipat

  69. Prin L N Welingkar Institute of Management Mumbai

  70. PSG Institute of Management Coimbatore

  71. Rajagiri  Business  School  RBS  Cochin 

  72. S.P. Jain Institute of Management Mumbai

  73. Shiv Nadar University  Greater Noida 

  74. School of Business Management, NMIMS Mumbai  

  75. SCMHRD Pune

  76. SDMIMD Mysore 

  77. SRM Institute of Science and Technology Chennai 

  78. St. Josephs Institute of Management Bangalore 

  79. T. A. Pai Management Institute TAPMI Manipal

  80. Thiagarajar School of Management, Madurai

  81. Universal Business School Mumbai 

  82. University of Petroleum  & Energy sciences UPES  Dehradun

  83. Vellore Institute of Technology Vellore

  84. Vignana Jyothi Institute of Management Hyderabad

  85. Vivekanand Education Society VESIM Mumbai 

  86. Woxsen School of Business, Hyderabad

  87. XIM University, Bhubaneswar 

  88. XLRI Jamshedpur 

*Those marked in colour are   the Accredited  schools of AACSB. The stared links are newly accredited 

AACSB announces new standards for 2020

Business Accreditation

AACSB business accreditation signals to the world that an institution has met the most rigorous standards of excellence in business education. Institutions that have earned the AACSB accreditation seal demonstrate that they are committed to upholding and advancing the quality of their programs, both at the undergraduate and graduate levels.

 

An overview of the initial accreditation process provides the steps necessary to complete the accreditation process, which includes self-evaluations, peer reviews, committee reviews, and the development of in-depth strategic plans. After achieving accreditation, schools undergo continuous improvement reviews every five years to ensure they are evolving and improving over time.
 

Achieving Business Accreditation: At a Glance

1. Learn more about the eligibility process and application for business accreditation.
2. Access all of the details, sample forms, and guidelines required for initial accreditation.
3. Access all details and guidelines required for the continuous improvement review process.

For further guidance and clarification on the accreditation process, please contact an accreditation staff liaison         
HAVE YOU A QUESTION ?

(courtesy www.aacsb.edu )

Geoff Perry &  Amy Memon of AACSB Asian Region Leaders  presented at the 14th International Accreditation conference. Amy's presentation is available in this  link

How AACSB Is Transforming Business School Accreditation

AACSB’s white paper, How AACSB Is Transforming Business School Accreditation, provides an overview of how AACSB accreditation has evolved over the years to adapt to the changing landscape of business education. The paper identifies four key contributions to business education made by the 2020 accreditation standards, addresses important changes to accreditation processes and volunteer training, and highlights key differences in applying the standards to schools seeking initial accreditation versus schools in the continuous improvement review process. Visit AACSB website for the white paper 

The State of Accreditation Report of AACSB has just been released. 

This is what ChatGPT said when we asked  the powerful AI tool about AACSB! 

AACSB (Association to Advance Collegiate Schools of Business) is a prestigious international accreditation agency for business schools. AACSB accreditation is a symbol of excellence in business education and is widely recognized by employers, academic institutions, and business leaders worldwide.

To obtain AACSB accreditation, business schools must demonstrate compliance with a set of rigorous standards that cover various aspects of the institution's mission, operations, and programs. The AACSB accreditation standards include the following:

  1. Strategic management and innovation: The business school must have a well-defined strategic plan that is consistent with its mission and vision, and must continuously innovate to meet the changing needs of business and society.

  2. Participant requirements: The business school must have high-quality faculty, staff, and students, who are diverse and contribute to the intellectual and cultural environment of the institution.

  3. Learning and teaching: The business school must offer high-quality educational programs that enable students to develop the knowledge, skills, and abilities required for success in the global business environment.

  4. Academic and professional engagement: The business school must engage in research and scholarly activities that advance knowledge and practice in the field of business, and must provide opportunities for faculty and students to engage with the business community.

  5. Curriculum management and assurance of learning: The business school must have a well-designed and coherent curriculum that is aligned with its mission and the needs of the business community, and must assess and continuously improve student learning outcomes.

  6. Financial strategies and allocation of resources: The business school must have sound financial strategies and effective resource allocation processes that ensure the sustainability of its operations and programs.

  7. Continuous improvement: The business school must have a culture of continuous improvement, and must engage in ongoing assessment, review, and improvement of its operations and programs.

AACSB accreditation is a rigorous process that requires significant effort and resources from the business school, but it is a valuable investment in the quality of business education and the institution's reputation.

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